The LFB said it broke out on Tunnel Aveneue and a large part of the ground floor of the club and part of its first floor had been alight. An industrial warehouse and a scrap paper processing yard, along with 40 pallets of paper, were affected.

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Some gas cylinders were also affected and a safety cordon was put in place until the cylinders were cooled.

Pictures shared on social media show the extent of the fire, which broke out near the O2.

Fire station manager Andy Walton said: “Firefighters are making good progress but there is still quite a lot of smoke coming from the fire so we are still advising people to avoid the area if possible and for those living nearby to continue to keep their doors and windows closed as a precaution.

“Crews will remain at the scene throughout the night fighting the fire from outside the nightclub as the building is too structurally unsafe for our firefighters to enter. They are also dealing with deep seated pockets of fire which are still affecting the paper processing site.”

In a statement a spokesperson for the club said: “Things are only finished if you let them be. Our unity and love for music will prevail, I am 100% sure of it.

“Finally, with regards to upcoming events and tickets, etc., the vast majority of you have understood that today is of course a bit early to even think about that.

“Once we have had a chance to at least get an idea of the impact this has had, we will get straight onto what can be done for the near future and pre-booked tickets for events, which may now not be able to go ahead at 338.”

Only just heard the horrible news about @studio338 - Thinking of everyone involved in the club who make that place amazing. #NextChapter xx